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NEW YORK , Jan. 13, 2022 /PRNewswire/ -- Cast Acrylic Sheets Market by Application and Geography - Forecast and Analysis 2021-2025 has been added to Technavio's offering. The growth of the construction and automotive industries is creating significant opportunities for market players. In addition, the restoration of the supply of raw materials and reopening of manufacturing units post-pandemic has been opening new growth opportunities. Besides, vendors are also adopting several organic and inorganic growth strategies to compete in the market.

Technavio expects the cast acrylic sheets market to grow by USD 614.23 million between 2020 and 2025. However, the growth momentum is expected to decelerate at a CAGR of 3.59% during the forecast period.

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The market is driven by factors such as the increasing demand for cast acrylic sheets from the automotive industry, increasing demand for cell cast acrylic sheets and high production in the US, and the superior properties of cast acrylic sheets. However, fluctuating crude oil prices and the availability of low-cost substitutes might reduce the growth potential in the market.

The cast acrylic sheets market report includes information on the product launches, sustainability, and prospects of leading vendors including 3A Composites Holding AG, Aristech Surfaces LLC, Arkema SA, Evonik Industries AG, Gevacril, MADREPERLA S.p.a., Mitsubishi Chemical Corp., PT Astari Niagara Internasional, Pyrasied Xtreme Acrylic, and Spartech.

The report includes the competitive analysis, which analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

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Cast Acrylic Sheets Market Scope

Decelerate at a CAGR of 3.59%

APAC, North America, Europe, MEA, and South America

US, China, Germany, UK, and Brazil

Leading companies, competitive strategies, consumer engagement scope

3A Composites Holding AG, Aristech Surfaces LLC, Arkema SA, Evonik Industries AG, Gevacril, MADREPERLA S.p.a., Mitsubishi Chemical Corp., PT Astari Niagara Internasional, Pyrasied Xtreme Acrylic, and Spartech

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/

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